Greatech Technology has leapt above the resistance price of RM2.91 in the latest session. With an RSI above 70%, it may continue to move towards the target prices of RM3.13 and RM3.20. If it falls below RM2.91, expect a sideway consolidation. In this case, the immediate support is anticipated at RM2.73, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM2.91
Target: RM3.13, RM3.20 (time frame: 3-6 weeks)
Exit: RM2.73

Source: AmInvest Research - 11 Feb 2020